On: Lessons learned while starting an online business

[nutmeg]

The article stated the total cost for the goods and shipping to Australia was $8000 and that they needed to sell 500-600 items to be profitable.

$8000 / 600 = $13.33 profit per item

At the end of the article they stated that they sold about 2700, which would be a profit of

2700 * $13.33 - $8000 = $28000

[rnernento → nutmeg]

Interesting, thanks.

Then the real question becomes how much time did he invest into the whole thing and what was the resulting hourly rate.